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Ada Market Report At Half Year

ADA OK – Housing Market Trends in Ada show a 5% year-over-year rise in median sales price. Housing inventory of home listings increased from 287 monthly in the 1st Quarter to 313 in the 2nd Quarter, but is still tight for peak season, which mirrors the regional and national trends. The regional MLS listing residential price vs. closing price ratio is the second highest in 5 years at 98.6% in June 2017, compared to 98.8% in April 2016.